Main Street Group LTD Grows Stock Holdings in Walmart Inc. $WMT

Key Points

• Main Street Group LTD increased its stake in Walmart Inc. by 168.3% in Q2, owning a total of 6,120 shares valued at approximately $598,000.
• Multiple institutional investors, including Vanguard and Goldman Sachs, have recently increased their holdings in Walmart, with Vanguard now owning over 425 million shares, valued at around $37.4 billion.
• Walmart's stock recently opened at $102.44, reflecting a 0.4% decline, with a market cap of $816.76 billion and recent quarterly earnings that missed analyst expectations.

Main Street Group LTD grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 168.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,120 shares of the retailer's stock after buying an additional 3,839 shares during the period. Main Street Group LTD's holdings in Walmart were worth $598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of WMT. Vanguard Group Inc. raised its holdings in Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its holdings in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after acquiring an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president owned 623,918 shares in the company, valued at approximately $60,750,895.66. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $14,960,635 over the last quarter. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Tigress Financial lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Finally, Oppenheimer boosted their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Twenty-nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Walmart has an average rating of "Moderate Buy" and a consensus target price of $112.62.

Walmart Stock Down 0.4%

Shares of WMT opened at $102.44 on Wednesday. The firm has a market cap of $816.76 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company's fifty day moving average is $99.68 and its two-hundred day moving average is $95.77.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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